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Dec 30, 2012 7:00am EST
the government's borrowing ability for another two months or so. and even your cup coffee, once a deal on the fiscal cliff. baristas at the 120 starbucks in washington, d.c. were encouraged by management to add a shot of partisanship to their drink orders and r remind customers i our nation's capital to come together. >> wall street is typically quiet her this time of year, of course, this last week of 2012 was marked by investinor concer over congress' new year's eve plans and that looming fiscal cliff. so what impact does it have on your money? alison deans is with us, senior adviser at varick asset management. nice to see you. happy new year. do you have two plans for 2012, one that includes the fiscal cliff and one that doesn't? how do you prepare for the new year as an investor? >> pretty much. i mean, the outcome, if there is some type of healthy resolution to the fiscal cliff, even if they defer it for a week or two but come up with some healthy resolution, i think it bodes really well for global markets. if we wind up going into fiscal cliff and the world loses any faith i
Dec 23, 2012 2:30am EST
, structural changes. and that's a problem with the government. that's a problem with this congress in particular. is that they wait until the last minute and they try to cram all this stuff down instead of making a structural change. what needs to happen is a structural change of medicare, social security and medicaid and we need of look at the other spending areas as well. we're still talking about less than 40% of the government and we really need to look at the entire government and they can't do that in 20 days of helter skelter rushing. i'm hopeful they will come to their senses, do a short-term temporary measure and have a comprehensive review in the first quarter of next year, like any business would do it. >> you make a lot of sense, don. it just seems like we need structural change to these programs because we can't afford them the way they're going right now, right? >> that's right. and american's lives have changed. social security was a very good idea and still is a good idea but we're living a lot longer now than when social security was originally started. so we're much
Dec 23, 2012 7:30pm EST
what kind of a year are you expecting in 2013? >> i think a good year. i think if the government can just get out of the way, go ahead and tell us what the rules are going to be, whatever they're going to be. make the rules step up to the plate and act responsibly, make some decisions. and then i think the free market system and our business leaders and businesses, small business owners, will make it work. >> are a lot of people in business talking about what's going on with guns and the potential for new gun legislation? i mean, this week we saw sporting goods chain dick's stop selling assault rifles. private equity firm saying it's going to sell its interest in the freedom group all in the wake of the tragedy we're still in mourning over, in connecticut. do you think we'll see real change in gun laws? >> yeah, because i think the president is committed to bringing something forward very quickly. senator feinstein is bringing something up, as well. i don't think there's any business person that i've come across that -- over the last week or so that has not talked about what's ha
Search Results 0 to 4 of about 5 (some duplicates have been removed)